Today(22-8-11)Nifty opened flat at 4844, moved down to 4818, moved up to 4868, again moved down to 4809, steadily moved up 100 points ie. 4910 and closed at 4899 with a gain of 53 points. Thus, expected bounce back surfaced 2 days late. Remember this is just a bounce back and Nifty may continue its downward journey. Nifty futures range was 4816 - 4922, having a difference of 106 points. Tomorrow's Agni level is at 4829.
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